Greater New Orleans Development
TO FOSTER REGIONAL ECONOMIC DEVELOPMENT AND CREATE QUALITY JOBS WITHIN THE METROPOLITAN NEW ORLEANS AREA.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.0M
+11.2% YoY
Annual Giving
$2.8M
+60.1% YoY
Grant Count
16
+0.0% YoY
Avg Grant Size
$175K
+60.1% YoY
About Greater New Orleans Development
Based on IRS filings
Greater New Orleans Development is a nonprofit organization focused on Community Improvement & Capacity Building, based in NEW ORLEANS, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 16 grants totaling $2.8M. Net investment income was $55K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,970,691 | $3,571,319 | $2,647,279 |
| Revenue | $7,212,232 | $5,465,248 | $2,831,617 |
| Expenses | $6,487,890 | $5,403,500 | $3,117,822 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $54,883 | $134,677 | $-160,348 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
48 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Opportunity Hub ($771,257), Baton Rouge Area Chamber ($400,877), University of Louisiana at Lafayette ($209,388).
| Recipient | Purpose | Amount |
|---|---|---|
| BATON ROUGE AREA CHAMBER BATON ROUGE, LA | EDA BBB PHASE 2 GRANT SUBAWARD FOR BUSINESS RECRUITMENT AND BRE SERVICES IN BATON ROUGE REGION; PARTICIPATION IN THE NEXUS INDUSTRY COUNCIL, AND SUPPORT ACCROSS THE H2THEFUTURE PROJECTS | $400,877 |
| GREEN LIGHT NEW ORLEANS NEW ORLEANS, LA | EDA BBB PHASE 2 GRANT SUBAWARD TO DEVELOP/SUBMIT EDAEXECUTION OF ENERGY EFFICIENT CENTER PROGRAM FOR RESIDENTIAL AND SMALL COMMERCIAL EFFICIENCY | $185,138 |
| LOUISIANA CHAMBER OF COMMERCE FOUNDATION INC NEW ORLEANS, LA | EDA BBB PHASE 1 GRANT SUBAWARD TODEVELOP/CONTRIBUTE TO EDA H2THEFUTURE PHASE 2 APPLICATION COMPONENTS | $172,380 |
| LOUISIANA PAROLE PROJECT INC BATON ROUGE, LA | DRA DWP 2022-2024 PROJECT REBIRTH GRANT SUBAWARD | $8,575 |
| LOUISIANA STATE UNIVERSITY BATON ROUGE, LA | EDA BBB PHASE 2 GRANT SUBAWARD TO DEVELOP/SUBMIT EDALSU CARBON CAPTURE R&D; STUDENT INSTRUCTION; CORPORATE ENGAGEMENT; COMMUNITY ENGAGEMENT; PARTICPATION IN THE NEXUS UNIVERSITY COUNCIL | $94,151 |
| OPPORTUNITY HUB ATLANTA, GA | EDA BBB PHASE 2 GRANT SUBAWARD TO DEVELOP/CONTRIBUTE TO EDAH2THEFUTURE SOUTH LOUISIANA COALITION NEXUS PROGRAM- DELIVERY OF H2NEXUS INCLUSIVE ENTREPRENEURSHIP PROGRAM | $771,257 |
| SOUTHERN UNIVERSITY AND A&M COLLEGE BATON ROUGE, LA | EDA BBB PHASE 2 GRANT SUBAWARDDESIGN AND EXECUTION OF HBCU NEW ENERGY SPECIALIZATION PROGRAM; PARTICIPATION IN NEXUS TALENT COUNCIL | $129,814 |
| SOUTHERN UNIVERSITY AT NEW ORLEANS NEW ORLEANS, LA | EDA BBB PHASE 2 GRANT SUBAWARDDESIGN AND EXECUTION OF HBCU NEW ENERGY SPECIALIZATION PROGRAM; PARTICIPATION IN NEXUS TALENT COUNCIL | $52,675 |
| UNIVERSITY OF LOUISIANA AT LAFAYETTE LAFAYETTE, LA | EDA BBB PHASE 2 GRANT SUBAWARDULL GH2CENTER R&D, STUDENT INSTRUCTION, CORPORATE ENGAGEMENT, AND COMMUNITY ENGAGEMENT; PARTICIPATION IN THE NEXUS UNIVERSITY COUNCIL | $209,388 |
| UNIVERSITY OF NEW ORLEANS NEW ORLEANS, LA | EDA BBB PHASE 2 GRANT SUBAWARD TO DEVELOP/SUBMITUNO MARITIME CENTER R&D, STUDENT INSTRUCTION, CORPORATE ENGAGEMENT, AND COMMUNITY ENGAGEMENT; PARTICIPATION IN THE NEXUS UNIVERSITY COUNCIL | $184,054 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD F CORTIZAS | BOARD CHAIR | 1 | — |
| JULIE STOKES | SECRETARY & TREASURER | 1 | — |
| DALE BENOIT | MEMBER | 1 | — |
| WAYNE CONNER | MEMBER | 1 | — |
| TARA CARTER HERNANDEZ | MEMBER | 1 | — |
| MARINA MANZANARES | MEMBER | 1 | — |
| GUY WILLIAMS | MEMBER | 1 | — |
| MICHAEL HECHT | PRESIDENT & CEO | 1 | — |
| JOSHUA TATUM | VICE PRESIDENT OF BUSINESS | 40 | $137,617 |
| LACY MCMANUS | EXECUTIVE DIRECTOR OF FUTU | 40 | $123,686 |
| BRANDON WILLIAMS | DIRECTOR OF FINANCE AND AD | 40 | $105,079 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Greater New Orleans Development?
Greater New Orleans Development is a nonprofit organization focused on Community Improvement & Capacity Building, based in NEW ORLEANS, LA. It holds $4.0M in total assets as of 2024.
How large is Greater New Orleans Development?
As of 2024, Greater New Orleans Development holds $4.0M in total assets with $7.2M in annual revenue. It awarded 16 grants totaling $2.8M in 2024.
Where does Greater New Orleans Development operate?
Greater New Orleans Development has awarded grants in Georgia, Louisiana.
What size grants does Greater New Orleans Development award?
In 2024, Greater New Orleans Development awarded 16 grants totaling $2.8M — an average of about $175K per grant, based on its IRS Form 990 filings.
What is Greater New Orleans Development's EIN?
Greater New Orleans Development's EIN (Employer Identification Number) is 72-1177207. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Greater New Orleans Development's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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